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Dheeraj Grover
Dheeraj Grover
Articles (493) 

Howard Marks on Understanding Risk

July 04, 2012 | About:
The pursuit of higher returns requires investors to accept greater uncertainty, a wider range of outcomes, and a higher probability of some negative outcomes, says Oaktree Capital Chairman Howard Marks.

He also said: There are intelligent ways to invest despite extreme uncertainty--including the wisdom to accept when you don't know. 'I Dont Know' is the best conclusion on Europe

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About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

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